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Anglo Nears De Beers Sale As Three Potential Buyers Emerge
Friday, June 6, 2025 - 8:54am | 628Anglo American (OTCQX:AAUKD) is nearing the start of a formal sales process for its diamond unit, De Beers. The firm has owned the brand since 2011, but a comprehensive restructuring following a failed $49 billion bid from BHP last year has led the firm to focus on other commodities. According to...
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Signet Jewelers Stock No Diamond In The Rough At 52-Week Lows, New Short Report Says 'Business To Suffer Significantly'
Thursday, January 16, 2025 - 1:11pm | 600Diamond jewelry retailer Signet Jewelers (NYSE:SIG) is the subject of a new short report that comes as shares trade near 52-week lows after the company lowered fourth-quarter guidance. Here's why The Bear Cave predicts more trouble ahead. Signet's Increased Competition: The latest Bear Cave short...
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The Great Coal-apse
Thursday, September 7, 2023 - 2:51pm | 243'Shine bright like lab diamonds," or whatever Rihanna said. In today's day and age, a woman's best friend is being replaced with something remarkably similar but cheaper. Lab-grown diamonds have taken the forefront as millennials opt to go the most cost-effective route; the natural...
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A Black Diamond Is A Girl's Best Friend: Sotheby's To Put 555.55 Carat Sparkler Up For Auction
Tuesday, January 18, 2022 - 5:01pm | 394“Enigma” is its name and between Feb. 3 and 9, bids can be placed on this 555.55 Fancy Black Natural Diamond as part of a Sotheby’s auction. The diamond just went on view online on Jan. 17 for potential buyers, but for those who want to see it in person, the first stop is in...
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Are Diamonds Going to Outperform Gold This Year?
Saturday, January 7, 2012 - 10:13am | 1375One of the top headlines on the Drudge Report Friday night into Saturday morning linked to an interesting story from CBS Minnesota's Aristea Brady discussing how the price of diamonds is expected to significantly increase. From the article: "Jewelers say you can expect to see price increases...
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Space Planets Full of Diamonds? Researchers Say Yes
Monday, December 12, 2011 - 11:50am | 612Maybe the next time Newt Gingrich goes on one of his Blingrich diamond-shopping sprees, he can do so aboard a space shuttle. Researchers at the Ohio State University released a new report last week that argued the Milky Way galaxy contains planets made up almost entirely of diamonds, the shiny...